In exchange for the opportunity for Marshall University and PNC Bank to enter into a University Services Banking Agreement and promote its programs to the University, PNC provides Marshall University with financial consideration that Marshall University uses to sustain important programs and University initiatives. The following defines the total consideration paid between July 1, 2015 through June 30, 2017, the number of students opening an account and the mean and median costs incurred by those student account holders.
1. Total Consideration: $52,500.00 and $9,999.96 ATM Rent. Total: $62,499.96
2. Total number of customers holding student financial accounts which originated under the contract from July 1, 2015 through June 30, 2017: 1,063
3. Mean student costs: $12.64 in the year ended June 30, 2017
4. Median student costs: $0.00 in the year ended June 30, 2017